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Schroder Absolute Return Bond

Ranked 7 out of 8 in - Absolute Return GBP over 12 months
All calculations are in GBP

Managed by

Gareth Isaac

Gareth Isaac graduated from the University of Glamorgan with a BSc in business decision analysis. He started his career with Newton Investment Management where he spent six years as a fixed income manager. Gareth later joined AXA Investment Managers where he managed a range of UK, European and global bond portfolios. In 2007 he joined Société Générale Asset Management UK (acquired by GLG Partners in 2009), and he then joined Schroders in 2011. Gareth is a CFA Charterholder.

Bob Jolly

Bob Jolly is a veteran portfolio manager and head of global macro strategy at Schroders having joined the company in 2011. Previously he worked as head of currency, UK fixed income and global sovereign portfolio management at UBS Global Asset Management. Prior to UBS, Jolly spent over two decades at Gartmore Investment Management where he became head of UK, global and structured fixed income portfolio construction. He also spent two years at SEI developing customised solutions for institutional pension fund clients. In his bond strategy he focuses on an active and fundamental approach. He is CFA charterholder, and is based in London.

Objective

to achieve a positive return over rolling 12 month periods, in all market conditions. The Fund will invest primarily in a portfolio of bonds and other fixed and floating rate securities denominated in various currencies issued by governments, government agencies, supra-national and corporate issuers worldwide. The full spectrum of available securities, including non-investment grade, may be utilized. In addition foreign currency strategies may also be employed. Investment will be primarily in directly held transferable securities.

Performance

Absolute Return GBP over : 31/07/2014 - 31/07/2015
  • Rank 7/8 Total Return
  • Rank 8/8 Standard Deviation
  • Rank 8/8 Max Drawdown
Fund Name Loss
4 Royal London Duration Hedged Credit Z Acc

Currency exposure is hedged

Currency exposure is hedged

-1.0%

5 Newton Global Dynamic Bond GBP Inc

-1.7%

6 Pioneer Sicav Sterling Absolute Return Bond N GBP

-2.8%

7 Aberdeen Absolute Return Bond B Acc Gross

-3.0%

8 Schroder Absolute Return Bond A Inc

Currency exposure is hedged

Currency exposure is hedged

-4.0%

Total Return

Quarterly Performance

to 30/06/2015 Annual Q1 Q2 Q3 Q4
2015 -0.3% -0.5%
2014 3.0% 1.8% 0.7% 3.5% -2.9%
2013 1.5% 1.2% 0.4% -0.9% 0.8%
2012 7.6% 3.7% -0.5% 2.2% 2.0%
2011 -2.0% 1.3% -0.8% -3.0% 0.7%
2010 8.0% 2.3% -0.7% 5.3% 1.0%
2009 10.5% 3.1% 1.1% 3.3% 2.7%
2008 -1.9% 4.6% -6.7% -0.4% 0.9%
2007 4.7% 1.5% 0.9% -0.2% 2.5%
2006 3.0% 0.5% 0.1% 0.6% 1.8%
2005 7.6% 1.2% 5.8% -0.1% 0.5%
2004 8.7% 4.1% -1.8% 4.0% 2.3%
2003 2.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date05/09/2003
  • Share Class size28Mn
  • Base currencyGBP
  • ISIN GB0007905721
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment50

Charges

  • Annual management1.0%
  • Initial investment3.25

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).